Sunshine Holdings to amalgamate Sunshine Packaging

Monday, 5 August 2024 02:19 - - {{hitsCtrl.values.hits}}

The Board of Directors of Sunshine Holdings PLC has resolved to amalgamate with its fully owned subsidiary Sunshine Packaging Lanka Ltd.

This amalgamation will be carried out in terms of section 242 (1) of the Companies Act No. 7 of 2007 and the amalgamation is expected to take effect on 1 October 2024.

By the terms of this amalgamation, Sunshine Holdings PLC will amalgamate all assets and liabilities of Sunshine Packaging Lanka Ltd., and the amalgamated company will be Sunshine Holdings PLC.

The current Directors of Sunshine Holdings PLC will remain as directors of the amalgamated company after the amalgamation.

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